Earning 4/25/2023
Measuring GAP, target 820
Fib. extension 1.618, target 490
possible ABC pattern, Rally-Base-Rally.
buy 390
Stop 366
Target 490
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Measuring GAP, target 820
Fib. extension 1.618, target 490
possible ABC pattern, Rally-Base-Rally.
buy 390
Stop 366
Target 490
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active:
BuyToOpen 2023 Aug Call butterfly C480/520/560
Limit 2.00
No Stop in Option, 2.00 is the hard stop, which is the max loss.
Limit 2.00
No Stop in Option, 2.00 is the hard stop, which is the max loss.
Trade closed manually:
closed 4.15